Callahan Advisors buys $7,491,605 stake in Kinder Morgan Inc (KMI)

Kinder Morgan Inc (KMI) : Callahan Advisors scooped up 41,744 additional shares in Kinder Morgan Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 367,957 shares of Kinder Morgan Inc which is valued at $7,491,605.Kinder Morgan Inc makes up approximately 1.91% of Callahan Advisors’s portfolio.

Other Hedge Funds, Including , Btr Capital Management Inc boosted its stake in KMI in the latest quarter, The investment management firm added 155,380 additional shares and now holds a total of 268,664 shares of Kinder Morgan Inc which is valued at $5,469,999. Kinder Morgan Inc makes up approx 1.25% of Btr Capital Management Inc’s portfolio.Highland Capital Management boosted its stake in KMI in the latest quarter, The investment management firm added 3,781 additional shares and now holds a total of 19,590 shares of Kinder Morgan Inc which is valued at $402,575. Kinder Morgan Inc makes up approx 0.03% of Highland Capital Management’s portfolio.Prospera Financial Services Inc reduced its stake in KMI by selling 3,987 shares or 15.98% in the most recent quarter. The Hedge Fund company now holds 20,968 shares of KMI which is valued at $436,554. Kinder Morgan Inc makes up approx 0.09% of Prospera Financial Services Inc’s portfolio. Pure Financial Advisors added KMI to its portfolio by purchasing 8,772 company shares during the most recent quarter which is valued at $190,177. Kinder Morgan Inc makes up approx 0.06% of Pure Financial Advisors’s portfolio.Trust Co Of Oklahoma boosted its stake in KMI in the latest quarter, The investment management firm added 3,763 additional shares and now holds a total of 53,922 shares of Kinder Morgan Inc which is valued at $1,169,029. Kinder Morgan Inc makes up approx 0.65% of Trust Co Of Oklahoma’s portfolio.

Kinder Morgan Inc closed down -0.19 points or -0.92% at $20.36 with 1,56,61,846 shares getting traded on Friday. Post opening the session at $20.82, the shares hit an intraday low of $20.36 and an intraday high of $21.06 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, Kinder Morgan Inc reported $0.15 EPS for the quarter, based on the information available during the earnings call on Jul 20, 2016. Analyst had a consensus estimate of $0.15. The company had revenue of $3144.00 million for the quarter, compared to analysts expectations of $3376.36 million. The company’s revenue was down -9.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.15 EPS.

Many Wall Street Analysts have commented on Kinder Morgan Inc. Stifel Downgraded Kinder Morgan Inc on Oct 4, 2016 to ” Hold”, Price Target of the shares are set at $24.Kinder Morgan Inc was Upgraded by Morgan Stanley to ” Overweight” on Aug 18, 2016.

Kinder Morgan Inc. (KMI) is an energy infrastructure and energy company in North America. The Company operates through six segments: Natural Gas Pipelines CO2 Terminals Products Pipelines Kinder Morgan Canada and Other. The Natural Gas Pipelines segment includes interstate and intrastate pipelines and its liquefied natural gas (LNG) terminals. The CO2 business segment produces transports and markets CO2. The Terminals segment includes the operations of its petroleum chemical ethanol and other liquids terminal facilities and all of its coal petroleum coke fertilizer steel ores and other dry-bulk material services facilities. The Products Pipelines segment consists of refined petroleum products crude oil and condensate and NGL pipelines and associated terminals Southeast terminals and its transmix processing facilities. The Kinder Morgan Canada segment includes its 100% owned and operated Trans Mountain pipeline system and a 25-mile Jet Fuel pipeline system.